Senate Commerce Committee

The U.S. Senate Commerce Committee has approved a bill that would allow the formation of a committee of American shippers to advise the Federal Maritime Commission on policies related to competitiveness, reliability, integrity and fairness in ocean shipping. FMC Commissioner Rebecca Dye proposed...

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg’s Congressional hearing drove a 3.6-percent rally in the suffering stock over the last two sessions. But that 10-hour interrogation and anything revealed or resolved in the process had fewer near-term implications for Facebook than a...

The Boeing Company’s (NYSE: BA) three-month old Dreamliner nightmare might soon be over. According to Reuters, the Federal Aviation Administration is close to approving a document, known as a Project Statement of Compliance, as early as next week. Approval of the document would officially set...